draftkings casino contact(Image: Las Vegas Review-Journal)The Encore operator revealed the equity grants in a Form 8-K filing with the Securities and Exchange Commission (SEC). (NASDAQ:GLPI) said Friday its Hollywood Casino in Baton Rouge, La. Wynn Resorts (NASDAQ:WYNNcasino kentucky) said the compensation committee of its board of directors signed off on issuing 176,247 shares of stock to retain 240 employees, including named executives through the end of this year and well into 2021. las atlantis casino onlineIn some areas, the water reached heights of 5 feet.Local officials needed to use a high-water transport vehicle to shuttle workers to their cars. Wynn CEO Matt Maddox, seen here in April following a meeting with President Trump, and other executives are getting equity to stay on with the company through turbulent times. That tethered the executive’s fortunes, literally, to recovery in the share price. no deposit bonus casino new

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chinook winds casino phone numberIt was determined that Maddox’s prior incentive plan contained clauses that are no longer relevant, owing to the COVID-19 operating environment.As the gaming company’s stock and those of its rivals were swooning in March, Wynn revealed Maddox would forego all of his cash salary this year and be paid entirely in equity. 18, 2021. Wynn CEO Matt Maddox, seen here in April following a meeting with President Trump, and other executives are getting equity to stay on with the company through turbulent times. casino near me fresnoThat tethered the executive’s fortunes, literally, to recovery in the share price. Wynn Resorts (NASDAQ:WYNNcasino kentucky) said the compensation committee of its board of directors signed off on issuing 176,247 shares of stock to retain 240 employees, including named executives through the end of this year and well into 2021. tournaments were suspended effective Monday until Thursday.Prior to the COVID-19 crisis, it offered more than 800 slots and 24 table games. chumba casino visa gift card

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is live casino philadelphia smoke freeGeneral Counsel and Executive Vice President Ellen Whittemore was awarded 6,585 restricted shares.Maddox SacrificesAs is the case with a secondary offering, stock issued as part of employee compensation programs can dilute current investors because of the new supply of shares coming to the market.Wynn, however, is avoiding that dilution, thanks to Maddox. CEO Matt Maddox is receiving 24,501 restricted shares, while CFO Craig Billings is getting 13,746 shares. General Counsel and Executive Vice President Ellen Whittemore was awarded 6,585 restricted shares.Maddox SacrificesAs is the case with a secondary offering, stock issued as part of employee compensation programs can dilute current investors because of the new supply of shares coming to the market.Wynn, however, is avoiding that dilution, thanks to Maddox. In some areas, the water reached heights of 5 feet.Local officials needed to use a high-water transport vehicle to shuttle workers to their cars. Wynn stock is up 131 percent from its March lows.Other directors and high-ranking executives altered their salaries in exchange for stock, with some trimming salaries by 33 percent up to 100 percent.Dealing With UncertaintyThe stock grants were made to “motivate and retain” critical employees for the rest of this year and “a substantial portion of 2021,” a period Wynn expects will be marked by high levels of operating uncertainty stemming from the coronavirus pandemic.Beyond Billings, Maddox, and Whittemore, employees on the receiving end of the equity awards weren’t identified in the SEC filing. Based on Friday’s closing price of .79, those 176,247 shares are worth .59 million.The Retention Award was made to approximately 240 of the company’s top leaders in North America on Aug. mgm casino credit